Even If Libra Is a Disaster, Facebook Stock Will Keep on Growing

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As I noted about three months ago when I last visited Facebook stock in this space, the company, by its own doing, is viewed by some as arrogant if not somewhat reckless, prone to public relations gaffes and lacks for trust among the public. The latter issue is one of the sticking points when it comes to Libra. It's as simple as some folks not viewing Facebook as a trustworthy company and as a result of that opinion, they don't want the social media company having an impact on any monetary system.

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